Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Bitcoin Trust
IBIT
|
+$651M |
| 2 |
Fidelity Wise Origin Bitcoin Fund
FBTC
|
+$622M |
| 3 |
Merck
MRK
|
+$496M |
| 4 |
Adobe
ADBE
|
+$446M |
| 5 |
CRH
CRH
|
+$410M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$4.33B |
| 2 |
Microsoft
MSFT
|
+$965M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$542M |
| 4 |
NVIDIA
NVDA
|
+$522M |
| 5 |
Linde
LIN
|
+$377M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.55% |
| 2 | Healthcare | 6.96% |
| 3 | Financials | 6.02% |
| 4 | Industrials | 5.05% |
| 5 | Consumer Discretionary | 4.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
PayPal
PYPL
$50.3B
| $99.9M | 0.04% |
1,491,136
+58,349
| +4% | +$3.58M |
|
452
iShares MSCI Emerging Markets ETF
EEM
$27.5B
| $99.8M | 0.04% |
2,429,890
+2,297,443
| +1,735% | +$91.4M |
|
|
EDR
453
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $99.6M | 0.04% |
3,870,316
+467,936
| +14% | +$11.5M |
|
454
Nu Holdings
NU
$67.8B
| $99.4M | 0.04% |
8,329,086
+1,278,337
| +18% | +$13.1M |
|
455
CALL
RTX Corp
RTX
$290B
| $99.4M | 0.04% |
1,018,800
-43,000
| -4% | -$3.88M |
|
456
Brixmor Property Group
BRX
$9.72B
| $99.3M | 0.04% |
4,234,651
-83,663
| -2% | -$1.9M |
|
457
PUT
GE Aerospace
GE
$364B
| $98.8M | 0.04% |
705,439
+204,239
| +41% | +$24.1M |
|
458
CALL
AbbVie
ABBV
$465B
| $98.4M | 0.04% |
540,100
-496,300
| -48% | -$85.5M |
|
459
Lowe's Companies
LOW
$121B
| $98.2M | 0.04% |
385,449
-466,105
| -55% | -$107M |
|
460
Driven Brands
DRVN
$2.47B
| $98M | 0.04% |
6,206,014
-729,448
| -11% | -$10.1M |
|
461
TechnipFMC
FTI
$28.6B
| $97.9M | 0.04% |
3,898,234
+3,421,248
| +717% | +$72M |
|
462
Morgan Stanley
MS
$319B
| $97.7M | 0.04% |
1,037,719
+441,247
| +74% | +$38.9M |
|
463
PUT
Darden Restaurants
DRI
$24.3B
| $97.6M | 0.04% |
584,200
+208,200
| +55% | +$34.6M |
|
464
PUT
Datadog
DDOG
$94B
| $96.9M | 0.04% |
784,300
-582,800
| -43% | -$73.3M |
|
465
CALL
Texas Instruments
TXN
$248B
| $96.5M | 0.04% |
553,700
-111,900
| -17% | -$18.7M |
|
466
AerCap
AER
$23.4B
| $96.3M | 0.04% |
1,108,277
+161,544
| +17% | +$12.7M |
|
467
L3Harris
LHX
$55.4B
| $96.3M | 0.04% |
451,732
+102,952
| +30% | +$21.6M |
|
468
PUT
AutoZone
AZO
$51.3B
| $96.1M | 0.04% |
30,500
-8,400
| -22% | -$24M |
|
469
PUT
Super Micro Computer
SMCI
$16.6B
| $96.1M | 0.04% |
951,000
+809,000
| +570% | +$59.3M |
|
|
SWN
470
DELISTED
Southwestern Energy Company
SWN
| $95.9M | 0.04% |
12,653,303
+10,616,438
| +521% | +$72.1M |
|
471
Coca-Cola
KO
$383B
| $95.9M | 0.04% |
1,567,372
-1,646,674
| -51% | -$98.9M |
|
|
GRFS
472
Grifois
GRFS
$5.55B
| $95.9M | 0.04% |
14,353,410
-1,385,753
| -9% | -$10.8M |
|
473
Zions Bancorporation
ZION
$10.1B
| $95.5M | 0.04% |
2,201,114
+2,183,212
| +12,195% | +$90M |
|
474
Masco
MAS
$14.6B
| $95.3M | 0.04% |
1,207,652
+495,423
| +70% | +$35.7M |
|
475
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$23.1B
| $95.2M | 0.04% |
2,901,200
+1,185,400
| +69% | +$37M |
|
Similar funds
Millennium Management's Q1 2024 Portfolio in Review
As of Q1 2024, Millennium Management held 6,887 positions worth $234B, up 1.3% from $231B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Millennium Management withdrew a net $25.1B in Q1 2024, closing 745 positions and reducing 2,484 holdings. Its most notable exit was Splunk Inc, an estimated $319M position sold in full.
By sector, the portfolio is most concentrated in Technology at 8.5% of assets, up from 8.3% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Millennium Management opened a new position in iShares Bitcoin Trust worth $844M.
- Millennium Management's largest Q1 2024 buy was iShares Bitcoin Trust: 20,859,447 shares worth $844M.
- Millennium Management added most to Merck in Q1 2024, an estimated $496M increase.
- Millennium Management's biggest Q1 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $4.33B.
- Millennium Management fully exited Splunk Inc in Q1 2024, selling an estimated $319M.
- Millennium Management's ten largest holdings make up 17% of its $234B portfolio in Q1 2024.
- Millennium Management opened 858 new positions and closed 745 in Q1 2024.
- Millennium Management's portfolio value rose 1.3% quarter-over-quarter to $234B.
Based on Millennium Management's 13F filing for Q1 2024, filed 15 May 2024.